Wednesday, September 30, 2026

Central Bank of Nigeria

December 23, 2023

Emefiele out of prison after 195 days as CBN panel submits damaging report to Tinubu

The report accused the former CBN boss of using Ways and Means advances by the apex to enrich himself.

Godwin Emefiele
December 22, 2023

Naira Scarcity: CBN threatens banks, PoS operators hoarding cash

The Central Bank of Nigeria has warned banks and point of sale (PoS) operators to refrain from disrupting the distribution of naira notes.

CBN GOVERNOR; NAIRA NOTES
December 20, 2023

Automotive council advocates ban on imported used cars above 20 years

“We need to develop our local content to conserve foreign exchange.’’

Imported cars
December 14, 2023

Inflation, exchange rates will decline in 2024: CBN

The apex bank also projected less revenue from oil exports in the coming year.

Olayemi Cardoso
December 12, 2023

Naira Scarcity: Calabar PoS operators hike charges by 100%

Point of sale (PoS) operators in Calabar have increased their charges by 100 per cent for all transactions following the scarcity of naira notes.

PoS operator, Old and new naira notes
December 8, 2023

Budget Defence: Reps reject CBN, customs representatives, demand heads’ appearance

Also, the representatives of the Federal Inland Revenue Service were rejected by the House Committee on Appropriation.

House of Representatives
December 7, 2023

Cardoso approves CBN’s reviewed service charter

“The document clearly outlines the bank’s mandates, vision, mission, and core values.’’

Olayemi Cardoso
November 29, 2023

NDIC partners EFCC to arrest, prosecute individuals, entities causing bank liquidation

NDIC has established a special desk at EFCC to strengthen the investigation and prosecution of parties responsible for bank failures.

NDIC CHAIR BELLO HASSAN AND EFCC CHAIR OLUKOYEDE
November 29, 2023

Old, new naira notes remain legal tender until further notice, Supreme Court rules

A purported notice on the monetary policy was through “mere press remarks” by the embattled ex-governor of the CBN, Godwin Emefiele.

Old Naira notes and new Naira notes
November 25, 2023

Fresh recapitalisation guidelines for banks underway: CBN

Mr Cardoso acknowledged the roles of banks in the projected one-trillion dollar economy by 2030.

Olayemi Cardoso